The NBA held it's most important talks yesterday and if the lack of talking afterward is any indication, things are not going well. Neither side had much of anything to say while exiting the latest talks but if body language is any indication, things have not progressed much as both sides looked frustrated and defeated.
The talks held on Thursday were the leagues last chance to end the lockout without any camps being postponed. The progress both sides were looking for, however, wasn't made, so today the league took the anticipated step of postponing training camps indefinitely and canceling 43 preseason games
"We have regretfully reached the point on the calendar where we are not able to open training camps on time and need to cancel the first week of preseason games," deputy commissioner Adam Silver said in a statement. "We will make further decisions as warranted."
This is just the first step in what will be a long line of cancelations until the players cave in on their stance on a hard cap. That's the plain and simple truth. The owners are pushing hard to overhaul the current structure of the financial side of the NBA to mirror the NHL and NFL and to do that, they are taking a bulldozer to the current system.
Obviously, the players aren't in accordance with this and have refused to give up any real ground on the issue. Unfortunately for them, however, the owners are more than prepared to miss an entire season to get what they want as they count the loss revenue of a future with the current system as a bleaker prospect than that of a missed season.
One little bit of progress being leaked is that the owners are trying to come up with something that will allow them to get what they want financially without reaching too deep into the players pockets. That is all well and good but with the gulf that exists between the two sides, it doesn't appear that this will be a possibility any time soon.
The next talks aren't scheduled, but both sides said Thursday they hope to meet again next week. The tentative date to have a deal in place to save the start of the season is mid October, but don't hold your breath on it being met.
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